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BANKNIFTY breaks down after a short period of consolidation. Apparently, price action is showing a Bear Flag pattern, which is confirmed
with a close below 30,530. Target of the pattern comes in at 29,330.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as
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https://in.tradingview.com/chart/BANKNIFTY/A3RMM3sv-BANKNIFTY-Bear-Flag/ 1/2
15/07/2019 BANKNIFTY | Bear Flag for NSE:BANKNIFTY by AkhilSuryaFS — TradingView India
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https://in.tradingview.com/chart/BANKNIFTY/A3RMM3sv-BANKNIFTY-Bear-Flag/ 2/2